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Resverlogix Corp T.RVX

Alternate Symbol(s):  RVXCF

Resverlogix Corp. is a Canada-based late-stage biotechnology company. The Company is engaged in epigenetics, with a focus on developing therapies for the benefit of patients with chronic diseases. Its epigenetic therapies are designed to regulate the expression of disease-causing genes. The Company's clinical program is focused on evaluating its lead candidate apabetalone (RVX-208) for the treatment of cardiovascular disease and associated comorbidities, and post-COVID-19 conditions. RVX-208 is a small molecule that is a selective bromodomain and extra-terminal (BET) inhibitor. BET bromodomain inhibition is an epigenetic mechanism that can regulate disease-causing genes. RVX-208 is a BET inhibitor selective for the second bromodomain (BD2) within the BET proteins. It partners with EVERSANA, to support the commercialization of RVX-208 for cardiovascular disease, post-COVID-19 conditions, and pulmonary arterial hypertension in Canada and the United States.


TSX:RVX - Post by User

Bullboard Posts
Comment by ronrydellon Aug 15, 2015 8:15pm
186 Views
Post# 24022023

RE:RE:Zack Report

RE:RE:Zack ReportIt's always great to be positive, promotional to keep up morale on the board...it's always also good to be realistic. Double digits is a long way from an acceptable single digit, like $5.00, which I would be pleased to see with a successful Phase III. Pfizer has been characterized as a law firm disguised as a BP. Last time I checked an acquiring business makes acquisitions, with shareholders money, with the idea of making a substantial profit. One must bear in mind that a successful Phase III encapsulates only a portion of the market, important as it may be. There are so many fledgling bio techs that have a much less checkered past than RVX. Therefore my point of a double digit gain in the stock price, as joyful as this would be, seems out of the question when looking at the Zack report. It will be instructive to see what rabbit DM pulls out of the hat by or on Sept 30, 2015. I will wait with bated breath.
Bullboard Posts